Sales pass £1bn for first time at Motorpoint

Revenue has increased by 6.8% at Derby-based vehicle retailer Motorpoint Group PLC, reaching £1,058.7m (FY18: £991.2m). The news comes with the retailer's release of its...

Leicestershire event production specialist secures £460k funding package

Premier UK Events Ltd, an event production specialist based in Thurmaston, Leicestershire, has secured a £460,000 funding package from Santander Business Banking to purchase...

East Midlands piling contractor enters administration

Derby-based UK Piling Specialists, the piling contractor, has entered administration. A statement on the firms' website confirms: "Dean Anthony Nelson and Nicholas Charles Osborn Lee...

Ideagen snaps up Midlands counterpart in £15.8m deal

Ideagen plc has today (Monday, June 10th) announced the acquisition of Redland Business Solutions Ltd for £15.8 million. Based near Birmingham, UK, Redland Business Solutions...

Another strong year for Games Workshop as it announces £80m profit

Nottingham headquartered Games Workshop, have confirmed strong sales and profit growth through to the end of its financial year and predict £80m pre tax...

Foresight gives Oomf a boost with £500,000 investment

Foresight Group LLP has announced a £500,000 equity investment into Oomf Limited through the Midlands Engine Investment Fund (MEIF). Originally based in Dorset, Oomf recently...

Robust growth for Joules despite challenging retail environment

Revenue has passed £200m at Joules, the Market Harborough lifestyle brand, according to a trading update covering the 52-week period to 26 May 2019...

Rolls-Royce offloads £4.6bn of its pension scheme in biggest UK deal...

Derby-headquartered Rolls-Royce has completed a deal to transfer a third of its pension risk liabilities to Legal & General Assurance Society Limited in what...

Groovy UK receives £250,000 loan from MEIF Maven Debt Finance

Groovy UK Limited, a wholesale and giftware business, has received a £250,000 loan facility from the Midlands Engine Investment Fund (MEIF), managed by Maven...

Santander looking to axe up to 200 jobs in corporate and...

The bank of Santander is to axe up to 200 jobs in its corporate and commercial banking division, in a bid to meet its...

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Leicestershire event production specialist secures £460k funding package

Premier UK Events Ltd, an event production specialist based in Thurmaston, Leicestershire, has secured a £460,000 funding package from Santander Business Banking to purchase...

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